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  • A useful summary of Waxman-Markey

    The Energy and Commerce Committee finally released a summary (here) of the American Clean Energy and Security Act as reported by the Committee on May 21 by a vote of 33 to 25. Here are the key provisions: Require electric utilities to meet 20% of their electricity demand through renewable energy sources and energy efficiency […]

  • Part 2: Draft Negotiating Text Proposed for Copenhagen Agreement

    As I discussed in my previous post, the draft negotiating texts for the Copenhagen agreement are now out. With the release of these texts the world now begins the serious work to get an agreement in Copenhagen — marking them up and getting agreement. As in the other post, I’ll briefly discuss how the American […]

  • Cheerleading for Waxman-Markey — not!

    Gimme a ‘B’ … B!  Gimme a ‘minus’ … Minus!  What’s that spell? My friend A. Siegel wrote on his blog last week (and republished on DailyKos and Grist): Joe Romm, who has been cheer-leading Waxman-Markey recently (despite much on-the-record work that provides a basis for highlighting its inadequacies), says that it might (MIGHT) give […]

  • Martin Feldstein uses Washington Post op-ed page for cap-and-trade scare-mongering

    Martin Feldstein is a conservative economist — a long-time advocate of supply-side, trickle-down economic policy and a leading advocate for Social Security privatization — so it’s no great surprise that he has taken to the pages of the Washington Post to characterize the Waxman-Markey climate and energy bill as “All Cost, No Benefit.” Feldstein has […]

  • Boost innovation investments to make Waxman-Markey bill a game-changer

    Advocates of regulatory environmentalism dominated the spin wars last month when the monumental American Clean Energy and Security Act of 2009 (ACES) — aka the carbon cap-and-trade bill assembled by Reps. Henry Waxman (D-Calif.) and Edward Markey (D-Mass.) — passed out of the House Energy and Commerce Committee. Climate politics “realists” lauded “historic action” (in […]

  • Offsets are still counterfeit carbon credits

    The arguments in favor of counterfeit carbon credits still fail no matter how often they are repeated   Common talking points(TP)  and replies(R) TP) Cap-and-trade will be too expensive if we don’t do offsets. And then we need a higher cap! R) Counterfeit carbon credits are just a back door way to raise the cap. It […]

  • Green sector creates 50 percent of new jobs

    …in Ireland. This is great news for the people of Ireland. But we need to create those jobs in the U.S. too. In Ireland, a country of four million, 10,000 “green” jobs were created in the last three months in organic farming, energy efficient construction, electric cars, and other green industries. With US GDP falling […]

  • How to deal with the climate bill

    “Al Gore says support it. Paul Krugman says support it. Two Nobel Prize Winners. Who am I to question them?” That is a question received, in more than one space, when it comes to the Waxman-Markey American Clean Energy and Security (ACES) Act. Well, with all due respect to the infallibility of a Nobel Prize […]

  • Next steps for Waxman-Markey bill

    The Waxman-Markey climate and energy bill cleared a major hurdle on May 21 when it was approved by the Energy and Commerce Committee. But the American Clean Energy Security Act of 2009 still has a long road to travel before it can be voted on by the full House. The House parliamentarian has referred the […]